Description

Located on a dominant commercial corridor in Concord, the capital of New Hampshire, this offering consists of a T.G.I. Friday' s (CORPORATE LEASE). In 2007, at its own expense, Friday' s completed construction of a new pride of ownership restaurant building on the site. Friday' s executed a ten (10) year NNN lease, with a ten (10) percent increase in year six (6). There are also four (4) renewal options. Each option is for a five (5) year term and has a 10% increase.

Concord is the capital of New Hampshire, as well as the county seat for Merrimack County. The city has benefited from major development projects. Housing has seen an upturn since 2001 and tourism remains strong in the area due to the many historical sites and events. The opportunity Corridor (as the four-mile stretch along Interstate 93 has been nicknamed) has been redeveloped into a thriving corridor of commerce and is only a half mile from the subject property.